IBM launches tool to help grocery stores track food on the blockchain

IBM has just rolled out some new blockchain software. The global technology giant launched IBM Food Trust, a new software suite built for tracking food supply routes with distributed ledgers. IBM Food Trust is its newest contribution to the blockchain ecosystem. It pledges to connect growers, processors, wholesalers, distributors, retailers, and others to a permissioned, immutable, shared database. The end result is supposedly an increase in food safety, freshness, sustainability, and a reduction in waste. For a monthly fee, businesses will be able to map “the provenance, location and [sic] status of food products on the supply chain.” The fee will depend…